Malaysia Airlines is exploring joint business agreements with three other carriers and could revive plans for a proposed partnership with Cathay Pacific.
This week’s analysis focuses on four Asia-Pacific full-service carriers: Cathay Pacific, China Eastern Airlines, Japan Airlines, and Singapore Airlines.
Members of the Association of Asia Pacific Airlines collectively have set an “aspirational target” of 5% sustainable aviation fuel (SAF) usage by 2030.
Cathay Group CEO Ronald Lam has told employees that post-pandemic, rivals “have emerged leaner, fitter and they are eager to take customers away from us.”
While Hong Kong has eased its COVID-19 entry rules slightly, Cathay Pacific is calling for more significant steps to remove constraints on passengers and air crew.
Improvements in the outlook for Cathay Pacific have prompted the carrier to cut its projected cash burn and inch closer toward achieving positive cashflow.
Cathay Pacific is launching a corporate sustainable aviation fuel (SAF) program, allowing companies to purchase SAF for their employees’ flights and reducing Scope 3 carbon emissions from business travel or cargo transportation.